Stocks struggled for direction at the opening bell as the tech-sector's gains led the Nasdaq higher even as disappointing earnings from 3M Co. dragged the blue-chip Dow lower. The S&P 500 SPX, -0.17% was up nearly 0.2% to 2,932. The Dow Jones Industrial Average DJIA, -0.79% was down 182 points, or 0.7%, to 26,414. The Nasdaq Composite COMP, +0.22% rose 0.6% to 8,150.
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Stocks set for subdued action as quartet of Dow components delivers earningsU.S. stock-index futures on Tuesday edge lower ahead of a barrage of quarterly results, including blue-chip consumer-focused companies, Coca-Cola Co., and Procter & Gamble Co., which investors will pore over to glean the health of American corporations.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks open modestly higher as Dow earnings stay in focusStocks rose slightly at the opening bell on Tuesday as investors sift through a raft of corporate earnings from blue-chip firms, including four Dow...
Source: MarketWatch - 🏆 3. / 97 Read more »
3M Plans to Cut 2,000 Jobs as Its Sales Fall3M said it would cut 2,000 jobs and restructure its sprawling business after demand for its tapes and adhesives fell in China and other important markets. So basically poor management 2,000 jobs worldwide, not in the U.S. alone.
Source: WSJ - 🏆 98. / 63 Read more »
3M to cut 2,000 jobs globally, slashes its 2019 profit outlook3M on Thursday reported earnings and revenue that badly missed analysts' expectations and cut its full-year forecast.
Source: CNBC - 🏆 12. / 72 Read more »
Dow, S&P 500 and Nasdaq near records but stock-market volumes are the lowest in months — Here’s whyA recent resurgence for stocks after a more than six-month corrective hiatus has many market participants questioning its durability, with trading volumes... Stock market VOLUMES lowest in months. Hmmmm. 🙄only 1%ers have money to blow, to gamble on this sham economy in favor of the wealthy designed by Republicans and libertarian fools.
Source: MarketWatch - 🏆 3. / 97 Read more »